China's Lenovo Group first-quarter profit more than doubles, beats expectations

(Reuters) - Chinese personal computer maker Lenovo Group reported a more than two-fold jump in first-quarter profit on Thursday, beating analysts' estimates thanks to robust performance by its personal computer and smart-devices business.Net profit rose to $162 million (£134.4 million) in the quarter ended June, compared with an average estimate of $154 million by 9 analysts, according to Refinitiv data. Revenue rose 5% to $12.51 billion, in line with expectations.Revenue from Lenovo's..